President Buhari Unveils New Naira Notes To General Public

President Muhammadu Buhari has unveiled the redesigned naira notes to the public.

Infoexpert24  reports that the new note was unveiled at the Federal Executive Council meeting presided over by President Muhammadu Buhari on Wednesday morning.

The Governor of the Central Bank of Nigeria, Godwin Emefiele warned Nigerians against hoarding of the old notes, saying there is no going back on the January 31st, 2023 deadline to completely render the old notes useless.

The redesigned notes are in denominations of N1000, N500,p and N200.

Recall that the Central Bank of Nigeria Governor, Godwin Emefiele said on Tuesday that the redesigned currency will be unveiled by the President at the Federal Executive Council meeting.

He said, “For information, indeed we are no longer waiting till December 15th to unveil and begin to release the new notes. By the special grace of God, tomorrow which is the 23rd of November 2022, the President has graciously accepted to unveil the new currencies and the new currencies will be unveiled tomorrow at the Federal Executive Chambers by 10am.”

The CBN governor also insisted that the deadline to withdraw the old notes on January 31, 2023 will hold.

The CBN had in October announced the redesign of the N100, N500 and N200 notes.

New Naira Notes